ING Groep N.V. (ING)

NYSE: ING · Real-Time Price · USD
15.31
-0.10 (-0.65%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.65%
Market Cap 47.77B
Revenue (ttm) 19.19B
Net Income (ttm) 4.07B
Shares Out 3.16B
EPS (ttm) 1.23
PE Ratio 11.73
Forward PE 8.10
Dividend $1.20 (7.83%)
Ex-Dividend Date Aug 8, 2024
Volume 2,895,718
Open 15.14
Previous Close 15.41
Day's Range 15.12 - 15.41
52-Week Range 12.78 - 18.72
Beta 1.57
Analysts Buy
Price Target n/a
Earnings Date Feb 6, 2025

About ING

ING Groep N.V. provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally. It operates through five segments: Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking. The company accepts current and savings accounts. It also offers business lending products; SME loans; consumer lending products, such as residential mortgage loans and other consumer lending loans; and mortgages. In addition, the company provides working capital solutions; debt and equit... [Read more]

Sector Financials
Founded 1991
Employees 59,434
Stock Exchange NYSE
Ticker Symbol ING
Full Company Profile

Financial Performance

In 2023, ING Groep's revenue was 17.63 billion, a decrease of -40.09% compared to the previous year's 29.42 billion. Earnings were 4.14 billion, a decrease of -65.86%.

Financial numbers in EUR Financial Statements

News

Dutch prosecutors drop cases against former ING, ABN Amro executives

Dutch prosecutors said on Wednesday they will not attempt to prosecute former executives of the Netherlands' two biggest banks following a lengthy investigation into whether they bore criminal respons...

2 days ago - Reuters

ING Group 2024 SREP process completed

ING Group has been notified of the European Central Bank (ECB) decision on the 2024 Supervisory Review and Evaluation Process (SREP), based on which it has taken a decision on ING's prudential require...

9 days ago - GlobeNewsWire

ING Groep: Big Shareholder Yield, Sluggish EPS Growth, Downbeat P/E

I maintain a buy rating on ING Groep due to its undervaluation, despite technical risks and modest earnings growth expectations. ING's Q3 2024 performance showed strong ROE, CET1 ratio, and a 17% shar...

22 days ago - Seeking Alpha

My Top 10 High Dividend Yield Companies For November 2024: 2 Yield More Than 8%

I will highlight 10 high dividend yield companies which, I believe, are worth considering investing in for November 2024. Each company could increase your portfolio's ability to generate dividend inco...

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6 weeks ago - Seeking Alpha

ING Groep N.V. (ING) Q3 2024 Earnings Call Transcript

ING Groep N.V. (NYSE:ING) Q3 2024 Earnings Conference Call October 31, 2024 4:00 AM ET Company Participants Steven van Rijswijk - Chief Executive Officer Tanate Phutrakul - Chief Financial Officer Lj...

7 weeks ago - Seeking Alpha

ING Groep: Mixed Q3 But Welcome Progress On Capital Returns

ING Groep N.V. reported third quarter earnings today, beating consensus on the bottom line. The bank announced an extra €2.5 billion in capital returns to shareholders, with its capital ratio slowly w...

7 weeks ago - Seeking Alpha

ING plans share buyback, cash dividend of up to 2.5 billion euros

ING Groep announced on Thursday next tranche of profit distribution consisting of share buyback and dividend totalling up to 2.5 billion euros ($2.71 billion), as it reported a lower-than expected thi...

7 weeks ago - Reuters

ING announces shareholder distribution of up to €2.5 billion

ING announces shareholder distribution of up to €2.5 billion ING announced today an additional shareholder distribution of up to €2.5 billion. The distribution consists of a share buyback programme fo...

7 weeks ago - GlobeNewsWire

Lafayette Square Announces ING's Expanded Commitment to Revolving Credit Facility

Launched in June 2024, the sustainability-linked revolving credit facility was designed to support working-class communities. MIAMI and NEW YORK , Oct. 1, 2024 /PRNewswire/ -- Lafayette Square USA, In...

2 months ago - PRNewsWire

ING Group Digital Transformation Analysis Report 2024: Accelerators, Incubators, and Innovation Programs

Dublin, Sept. 27, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: ING Group N.V. 2024" company profile has been added to ResearchAndMarkets.com's offering.

3 months ago - GlobeNewsWire

ING bank tightens restrictions on oil and gas lending

Dutch lender ING is further restricting access to finance for some oil and gas companies and from 2026 could drop clients that fail to align with its plans to be net zero, the bank's chief executive t...

3 months ago - Reuters

ING Groep: There Are Better Income Alternatives In The European Banking Sector

ING Groep N.V. reported Q2 earnings showing rates are now a headwind for growth, leading to a premium valuation. Despite strong fundamentals and high dividend yield, ING's revenue decline and cost pre...

4 months ago - Seeking Alpha

52 Maybe Buy And Hold Stocks From August Dogcatcher Research

Screening for mid to large-caps, high (>2%) dividends, attractive or neutral rated, >5yr dividend history, positive cash flow stocks as of 8/12/24 data from YCharts revealed 52 potential buy to hold c...

Other symbols: APLEARCCEPRHMCKHCMONEP
4 months ago - Seeking Alpha

ING CEO favours smaller M&A deals, Commerzbank not sufficiently digital

Dutch bank ING Groep is looking for more local mergers and acquisitions focused on targets with a developed digital offering, its CEO said on Thursday, adding that Germany's Commerzbank did not fit th...

5 months ago - Reuters

ING Groep N.V. (ING) Q2 2024 Earnings Call Transcript

ING Groep N.V. (NYSE:ING) Q2 2024 Earnings Conference Call August 1, 2024 3:00 AM ET Company Participants Steven van Rijswijk - CEO Tanate Phutrakul - CFO Ljiljana Cortan - Chief Risk Officer Confere...

5 months ago - Seeking Alpha

Europe's Markets Are Cheap. 4 Stocks to Play.

Nevertheless, its member economies are poised for a rebound.

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5 months ago - Barrons

ING to Provide Sustainability Linked Revolving Credit Facility for Lafayette Square

MIAMI and NEW YORK , June 25, 2024 /PRNewswire/ -- Lafayette Square USA, Inc. ("Lafayette Square"), a business development company, announced today that it has entered into a new hybrid credit facilit...

6 months ago - PRNewsWire

ING targets annual total income growth at 4%-5% from 2024-2027

ING is targeting total income growth of between 4% and 5% per year in 2024 to 2027, the largest Dutch lender by assets said in a statement on Monday ahead of its capital markets day event.

6 months ago - Reuters

ING to set up European investment bank hub in Madrid, Cinco Dias says

Dutch bank ING plans to set up its new investment banking unit's European headquarters in Madrid, Spanish daily Cinco Dias reported on Wednesday.

6 months ago - Reuters

Yields Of More Than 9%: My Top 10 High Dividend Yield Companies For June 2024

The inclusion of high dividend yield companies is important when building a dividend portfolio that aims to generate a passive and sustainable income stream. You should carefully select your high divi...

Other symbols: BACBNSCVSENBJPMKOMO
7 months ago - Seeking Alpha

These 4 European bank stocks have risen as strong earnings boost sentiment, should you buy?

European banks are having something of a renaissance currently. Bolstered by a mostly positive earnings season, and by optimism about the EU getting rate cuts soon, many banks on the continent have ou...

Other symbols: UBS
7 months ago - Invezz

ING: We are comfortable regardless of interest rate environment

Tanate Phutrakul, CFO of ING, says a banking union is necessary for competitiveness in European banking.

8 months ago - CNBC International TV

ING Continues Buybacks to Boost Captial Ratio

ING shares rose after the Dutch lender said it plans to buy back up to €2.5 billion of shares and reported a first-quarter profit driven by income from fees and interest rates.

8 months ago - WSJ

Results of ING's 2024 Annual General Meeting

Results of ING's 2024 Annual General Meeting The Annual General Meeting (AGM) of ING Groep N.V. was held today in Amsterdam.

8 months ago - GlobeNewsWire

Best Dutch stocks to buy as the AEX index sits at a record high

The Dutch AEX index has jumped to a record high this year. It joined other popular European indices like DAX and CAC 40.

8 months ago - Invezz